Re:Ethereum Price Climbs to $360; Crypto Market Cap Pierces ...
by dfhdf5 on Tuesday August 29, 2017 @05:27PM
(#15127742)
A currency which has gone from not existing 10 years ago to potentially being a world reserve currency is alway going to be ridiculously volatile as that transformation occurs.
Volatility is reducing however. As the scale increases and the exact role that a currency will end up playing in the world becomes clear, so does its market cap. Amazon or google will never rapidly grow 100x in a few years again, and whichever crypto becomes the world reserve will have the same reduction in volatility as it scales.
Volatility is reducing however. As the scale increases and the exact role that a currency will end up playing in the world becomes clear, so does its market cap. Amazon or google will never rapidly grow 100x in a few years again, and whichever crypto becomes the world reserve will have the same reduction in volatility as it scales.